Why Choose Mexico?
With 12 free trade agreements signed, Mexico’s trade partners account for 60 percent of the world’s GDP.
The United States is the destination for 80 percent of exports and accounts for 45 percent of imports.
For its ease of doing business, Mexico ranks 54 of 192 analyzed countries globally and first across Latin America, according to the World Bank.
Its proximity to the US, lower logistics costs and highly skilled labor force have positioned Mexico to be a leading manufacturing country.
The workforce is young: 45 percent of the population is under 25, and the average age is 28.7.
A Large, Resilient Economy
$1.24T
nominal GDP
2nd
largest economy in Latin America
15th
largest economy in the world
80%
of GDP is exports + imports
No. 1
exports-to-GDP ratio in Latin America
Infrastructure That Supports Trade
By road
79% of US-Mexico trade was transported by land in 2017
By air
76 airports: 64 international, 12 national
By water
117 ports move 20% of exports and 33% of imports
By rail
27,000 km of tracks, making railway transport one of Mexico's major assets
A Variety of Thriving Sectors
Companies looking to set up shop or expand their operations in Mexico can benefit from competitive labor costs, a growing consumer market and proximity to the US. Notable sectors include:
Auto
Manufacturing
Agriculture, Food and Beverage
Technology
Oilfield Services
Consumer Goods
Sources: World Bank’s 2019 Ease of Doing Business Index; World Economic Forum; INEGI; CIA World Factbook; Ministry of Economics; World Economic Forum 2017-2018 rankings; US Department of Transportation; J.P. Morgan Mexico 101 Handbook; (SCT) Secretaría de Comunicaciones y Transportes
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